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deduction u/s 24(b)

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(Querist)
12 March 2009 interest on housing loan is available as deduction u/s 24(b.
now if the loan a/c in a bank is transfered to another bank than is the interest payment allowed as deduction?
i think its allowable as in the section there is no restriction on transfer of loan a/c however i need your views on this.
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CA Hemant T Dewani

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CA Hemant T Dewani (Expert)
12 March 2009 if loan is transferred to another bank for the same loan it is allowable u/s 24(b) of the said act
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Dhirajlal Rambhia

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Dhirajlal Rambhia (Expert)
07 November 2021 The transferred loan account should be under home loan criteria,
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